By Rick
Nason, PhD, CFA
Partner, RSD Solutions Inc.
The
writer C.S. Lewis says that the battle for someone’s attention is “between
faith and reason on one side and emotion and imagination on the other”. Risk managers are trained to have faith in
mathematical laws and to use reason, but what about the stakeholders who the
risk management is put in place for? Are
they also working from faith and reason or are they operating on emotion and
imagination? It makes a big positive
difference when the faith and reason of risk management is designed with an
understanding of the context of emotion and imagination.
Partner, RSD Solutions Inc.
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